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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

B2B FinTechs in the U.S. This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. Software-As-A-Service (SaaS).

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Fintech Deals to Watch: Back to School

Gonzobanker

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Thankfully, there was still a smartphone and social media to commiserate. Banks Bought More Fintechs (Until Sum mer Break Started!).

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Tencent Vows To Comply With Chinese Regulators’ Increasing Oversight

PYMNTS

As government regulators in China increase tech industry oversight, Tencent said it will comply with new laws intended to curb antitrust activities and tighten FinTech acceleration, according to a Bloomberg report on Friday (Nov. Its business units span social media, video streaming, digital payments and wealth management.

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Fintech and Consumer Finance: Agenda for 2021 webinar to be held on December 9-10

CFPB Monitor

On December 9-10, 2020, the Conference on Consumer Finance Law and the Program on Financial Regulation & Technology at George Mason University’s Scalia Law School is sponsoring a webinar that will examine emerging issues in the areas of fintech and consumer finance. The full webinar agenda is available here. Click here to register.

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Bitcoin Daily: Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; CFTC Calls For Default Ruling For Alleged Ponzi Scheme Founder

PYMNTS

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area. It is also one of the four FinTech “unicorns” being cultivated by Ping An, which is a state-backed group.

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TRENDING: How Credit Unions Give Digital The Personal Touch

PYMNTS

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. A study from the Cuna Mutual Group found that CU membership has increased 3.5 Deep Dive: How CUs Leverage Social Media.

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Digital Payments Startup GPay Awarded Vietnam License

PYMNTS

The State Bank of Vietnam granted FinTech startup GPay a 10-year license to provide intermediary payment services in the country — electronic payment portals, payment services, digital money transfer services and eWallet services. The G-Group ecosystem includes Vietnam’s social media network Gapo and P2P lending platform Tima.

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